This is the "democracy" we live under, where bureaucrats in Brussels proactively control and regulate every aspect of the masses' existence, limiting the possibilities of what's legally allowed not due to an evolving understand and discussion in society, but because in their top-down Socialistic hubris, they truly think they know better than everyone else.
And thus, financial privacy was eviscerated in Europe, without the knowledge or the consent of the peoples of Europe.
When will enough be enough? Why do we continue to llet them speak for us, when they are so consistently against freedom?
Worse, lately they really fancy themselves regulators of the whole WORLD. Their hubris knows no frontiers.